SHERRY RIOUX
Sherry Rioux, Broker
Broker

Office: 705-445-7085
Direct: 705-443-2793
Toll:    877-445-7085
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Call today and get the 
RIOUX  BAKER 
REAL ESTATE TEAM
working for you!

 

 

April 2016
 
I recently read an online article that confirmed what we have all been talking about. The GREAT LAKES WATER LEVELS ARE RISING!
 
"All the Great Lakes have well above average water levels.  Lake Michigan/Huron (one lake for lake level purposes) is up a whopping 8 in. in the last month.  The level is 11 in. higher than last April and it's now 15 in. higher than the April average.  While that's a high level, it's still 18 in. below the highest April level, which was back in 1986.  Lake Superior is unchanged in the last month and just 2 in. higher than one year ago.  Superior is 8 in. above the April average level.  Lake Erie is up 9 in. in the last month and up 16 in. from the level of April 2015.  Erie is 14 in. above the April average level.  Lake Ontario is up 7 in. in the last month, up a whopping 22 in. in the last year and is now 8 in. above the century average for April.  Lake St. Clair is up 10 in. in the last month, up 13 in. year-to-year and 18 in. higher than the April average.  All of the rivers that connect the Great Lakes have above average flow and that trend should continue into the summer."
 
If you combine the high water levels, with the weak Canadian dollar, perhaps these are a few of the reasons why our area has been a hotbed of activity. Like the water levels, demand for properties is up, yet supply remains low. We remain in a very HOT seller's market right now and it looks like this will continue well into the fall.
 
Source - "Great Lakes Water Levels" (Apr 9/16 woodtv.com) by Bill Steffen under Bill's Blog.

Market Update
And the story stays the same! We, in the Western region of Southern Georgian Bay,  remain in a strong seller's market, with low inventory and big demand.
The average price of detached homes sold in the Collingwood area was $408,904 in July. This was an increase of 11.5 per cent over the same time period in 2015. The Blue Mountains average price for July was $619,169, representing a 3.1% increase.
The month of July 2016 saw listings down 6.2 %, expired listings down 34.7% and sales up 18.2%. The price range of $350K-$499,999 rose 36% , with those selling in the $500K-$799K range up a whopping 60.7%. The million dollar babies continue their upward trend with an increase of 25% over July 2015.
If you are considering selling, my team PROBABLY has a buyer. Give us a call and see what we can do for YOU! 
Right now the Rioux Baker Team has buyers looking for:

LIGHTHOUSE POINT:
- Waterfront 2 & 3 bedroom units on Mariner's Way
- 2 & 3 bedroom garden homes
- 2& 3 bedroom marina/park homes

ADMIRALS GATE:
- Upper level suite with 1 or 2 garages
 
WATERFRONT HOMES & VACANT LAND

TOP 10 Reasons To Leave The GTA
 If you are considering buying a home in th GTA or surrounding area...JUST WAIT BEFORE YOU SUBMIT ANOTHER OFFER. Time to think outside the box. Here are my TOP 10 REASONS to consider looking at this spectacular property near Devil's Glen!
1. Get ahead of the curve on a real estate investment; versus burst bubble and risk of underwater mortgage
2. Spectacular view and 12 acres of privacy; versus views into neighbour's garage and bathroom window
3. Five bedroom, 5 bath, parking for 8; versus semi with pullout couches and on-street parking not TOO far away
5. Stars at night (even the Milky Way!) and your kids and dog playing with frogs at the pond; versus concrete with cracks and kids hanging out at malls
6. 4310 sq. ft. finished living space, 1800 sq. ft. of decks, geothermal heating, spring fed pond; versus cookie cutter subdivisions
7. Minutes to skiing, water, hiking, beaches, shopping and all the necessities; versus innumerable theatres all showing the same movies
8. Clean air and smell of wildflowers in your private meadows and forest; versus polluted air and bus exhaust
9. Peace, tranquility & safety; versus noise, and increasing violence
10. Never the possibility of subways; versus never ending arguing about subways.
AND...did I mention TRAFFIC?
If you are looking for a spectacular rural retreat that is close to all amenities, then look no further. Give us a call to view The Road To Avalon!
What's Hot In Listings
Wanted...Family Looking For Great Home
Popular Georgian Meadows "Clairfield" model, boasting hardwood floors, gas fireplace, separate dining area & oversized family room. Upstairs there are 4 very large bedrooms. Back yard is fully fenced with stunning landscaping and west facing deck. Minutes to golf, skiing, shopping and fine dining. Offered at $465,000
 
360 Degree DROP DEAD GORGEOUS Views!
A property like this comes along once in a lifetime. Arguably the best view property in our entire area. 98+acres with a 3100 sq. ft. chalet chic residence that is as unique as the land itself. Apple orchards, pond & walk to Georgian Bay Club! 3 minute drive to The Peaks. 
Offered at $2,100,000
 
If you are considering buying or selling in the Georgian Triangle, I would like my team to be your REALTOR of choice. Be sure to  Check OUR Website regularly to see the latest in new listings!

Sincerely,
Sherry Rioux, Broker
The Rioux Baker Real Estate Team
Clairwood Real Estate Corporation, Brokerage